Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/323241 
Year of Publication: 
2025
Series/Report no.: 
IU Discussion Papers - Human Resources No. 5 (Juli 2025)
Publisher: 
IU Internationale Hochschule, Erfurt
Abstract (Translated): 
Since the introduction of ChatGPT in November 2022, the societal debate on the impact of artificial intelligence (AI) on the labor market has intensified. Advances in data processing technology have long been seen as drivers of productivity, significantly influencing businesses worldwide. This study examines why AI is regarded as a major disruptive force in the workplace and how its impact can be measured. The theory of "Bounded Rationality" (BR) serves as the theoretical framework to analyze how AI transforms decision-making and problem-solving processes in organizations, particularly in areas where human judgment has traditionally played a crucial role. After an introduction to the fundamental workings of AI, the study explores the BR theory and its various developments that shape the extent of AI's influence including coded bias. The goal is to provide a deeper understanding of how AI affects human rationality in decision-making and what implications this has for future workplace structures.
Subjects: 
Bounded Rationality
AI
Job changes
Skill changes
Labor market
JEL: 
D91
M00
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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